Operating
Nasdaq, Inc.·Cash Flow Statement·15 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | $460M | $244M | $705M | $663M | $746M | $221M | $625M | $689M |
| Net income | $222M | $305M | $355M | $395M | $452M | $423M | $518M | $519M |
| Change in deferred revenue | — | — | $59M | $257M | — | -$128M | $79M | $311M |
| Depreciation and amortization | $153M | $153M | $153M | $156M | $158M | $158M | $161M | $165M |
| Accrued compensation and employee benefits | $24M | $97M | $23M | -$134M | — | — | $50M | -$153M |
| Change in other liabilities | $32M | — | — | -$56M | -$38M | $80M | $15M | -$121M |
| Increase (Decrease) in Other Operating Assets | -$7M | $45M | $7M | -$66M | -$18M | $17M | $163M | -$94M |
| Gain on sale of business and assets | — | $0 | $0 | $0 | $39M | -$2M | $49M | $89M |
| Change in receivables | $39M | $43M | $94M | -$48M | -$97M | -$27M | — | $49M |
| Stock-based compensation | $39M | $36M | $36M | $35M | $46M | $41M | $43M | $38M |
| Change in accounts payable | — | -$2M | -$17M | -$17M | -$13M | — | — | -$33M |
| Equity in earnings (losses) of equity method investees | $2M | $1M | $9M | $27M | $23M | $24M | $10M | $26M |
| Other Noncash Income (Expense) | — | -$23M | — | $11M | — | — | -$22M | -$21M |
| Deferred income taxes | -$38M | -$22M | -$5M | $6M | $6M | $18M | $18M | $12M |
| Section 31 fees payable to SEC | $58.8M | $58.8M | $58.8M | -$55M | — | — | — | $0 |